*Orange County Great Location in the City of Fullerton. The Apartment Building is in An Excellent Rental Area with Low Vacancy Rates. No Rent Control. 100% Fully Occupied. Two-Story 7-Unit Apartment Building is Located in a Quiet and Rental Desirable Neighborhood in the City of Fullerton. Corner Lot which is At The Corner of 300 N. Mountain View Place & 2001 E. Wilshire Avenue. Inside Total 4,327 Sq.ft. Newer Paint. Newer Windows and Most of the Units have been Fully Renovated. All One Bedroom with One Bath, Monthly Rent ( $1,595 /$ 1,450 /$ 1,350 /$ 1,202 /$ 1,350 /$1,350 /$1,495) with Individually Meters for Gas And Electricity. Annual Gross Income Approx. $ 118,704, Annual Expense includes Property Tax, Insurance is Approx. $ 36,732. Annual Net Operating Income Approx. $ 81,972. Performa Annual Rental Income will be $ 137,820. Landlord Only Pays the Water /Trash /Laundry Gas /Gardener /Property Tax /Insurance. Separate On-Site Coin-Operated Laundromat For Addition Laundry Income. Detached 7 Enclosed Single-Car Garages on the Side Which can be Rented $100 Per Month Additional for Extra Rental Income. School Across the Street. Short Distance to Cal State Fullerton, 57 FWY & 91 FWY, Schools, Shopping, Restaurants & Parks.Tenants with a " Month-To-Month "Rental Agreement Which Provides An Investor the Opportunity to Adjust the Rent. Great investment opportunity For The Investor who Wants to Keep this property as a Long Term Investment.
Based on information from California Regional Multiple Listing Service, Inc. as of August 17th, 2019 at 8:02pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Property Listed By: Sheng Wang(01772547) of Century 21 Care